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Metal News

Metals news continually updated from thousands of sources around the net.

25 min ago | Market Wire

Ivanhoe Mines' Drilling Program Extends Depths of Rich Zinc and...

Review of previous drill holes indicates that tonnage and grade of the Big Zinc Discovery were understated in historical estimate LUBUMBASHI, THE DEMOCRATIC REPUBLIC OF CONGO-- - Robert Friedland, Executive Chairman of Ivanhoe Mines , and Lars-Eric Johansson, Chief Executive Officer, announced today that early results from the company's underground ... (more)

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Related Topix: Ivanhoe Mines, Mining, Zambia, Democratic Republic of the Congo, Ivanhoe Energy, Energy, Oil & Gas

4 hrs ago | GlobeNewswire

Kaiser Aluminum Announces Quarterly Dividend Payment

Kaiser Aluminum Corporation today announced that its Board of Directors has declared a quarterly cash dividend payment of $0.35 per share on the Company's outstanding common stock.

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Related Topix: Mining, Kaiser Aluminum, Securities and Exchange Commission, Corporate / Securities Law, Law

8 hrs ago | Nanaimo Daily News

Walter Energy to idle two B.C. mines that will temporarily layoff about 700

Walter Energy said it expects to incur severance charges of approximately $7 million in the second quarter of 2014 in connection with the idling of the mines in northeastern B.C. The company said it will immediately idle the Wolverine mine, with about 415 employees.

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Related Topix: Construction, Industrial Machines, Walter Industries

8 hrs ago | CTV

The corporate logo of Walter Energy Inc.

Walter Energy said it expects to incur severance charges of approximately $7 million in the second quarter of 2014 in connection with the idling of the mines in northeastern B.C. The company said it will immediately idle the Wolverine mine, with about 415 employees.

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Related Topix: Construction, Industrial Machines, Walter Industries

12 hrs ago | Sys-Con Media

Aerospace & Defense Equities Technical Snapshot -- Research on Taser...

The Dow Jones Industrial Average finished at 16,173.24, up 0.91%. During the session, all the ten sectors ended in positive.

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Related Topix: DigitalGlobe, Aerospace-Defense, Manufacturing, Rockwell Collins, Flight Search, Industrial Machines, Precision Castparts, Financial Markets

17 hrs ago | Seeking Alpha

Chicago Bridge & Iron: 8 Different Insiders Have Sold Shares During The Last 30 Days

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services to customers in the energy infrastructure worldwide.

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Related Topix: Chicago Bridge and Iron, Construction, Industrial Machines, Securities and Exchange Commission, Corporate / Securities Law, Law

21 hrs ago | AmericanBankingNews.com

BHP Billiton Limited Rating Reiterated by Deutsche Bank

's stock had its "buy" rating restated by stock analysts at Deutsche Bank in a report issued on Monday, Stock Ratings Network reports.

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Related Topix: BHP Billiton, Mining

Mon Apr 14, 2014

Bloomberg

Rio Produces Record Iron-Ore Output as Global Supply Gains

Rio Tinto Group , the world's second-largest mining company, said first-quarter iron ore production rose to a record, swelling global supply that's forecast to head into surplus this year.

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Related Topix: Rio Tinto Group, Mining

The Boulder County Business Report

Pair of Longmont manufacturing firms acquired

Florida-based ARC Group Worldwide Inc. has purchased a pair of Longmont manufacturing companies, Thixoforming LLC and Advance Tooling Concepts LLC. ARC paid $24 million for ATC, according to filings made Friday with the Securities and Exchange Commission.

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Related Topix: Longmont, CO, Industrial Machines, Precision Castparts, Aerospace-Defense

Brandon Sun

Handy and Harman fine silver quotation $22.786 oz., $732.57 kg.

We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn't know, mark it high.

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Related Topix: Industrial Machines, Handy and Harman

Bloomberg

Glencore Xstrata Agrees to Buy Caracal Energy

Glencore Xstrata Plc , the world's fourth-biggest mining company, agreed to buy Caracal Energy Inc. for about $1.35 billion to take control of oil and gas assets in the Republic of Chad.

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Related Topix: Mining, Xstrata, World News, Africa, Chad

Bloomberg

European Stocks Decline for Third Day on Ukraine Violence

European stocks fell for a third day, after completing their worst week in a month, as investors weighed increasing violence in Ukraine .

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Related Topix: Financial Markets, Mining, Xstrata, Washington

Reuters

Europe Factors to Watch-Stocks set to drop again; Ukraine eyed

MARKET SNAPSHOT AT 0624 GMT: LAST PCT CHG NET CHG S&P 500 1,815.69 -0.95 % -17.39 NIKKEI 13,910.16 -0.36 % -49.89 MSCI ASIA EX-JP 480.2 -0.55 -2.67 EUR/USD 1.3841 -0.31 % -0.0043 USD/JPY 101.54 -0.05 % -0.0500 10-YR US TSY YLD 2.612 -- -0.01 10-YR BUND YLD 1.500 -- -0.01 SPOT GOLD $1,326.96 0.68 % $8.99 US CRUDE $104.11 0.36 % 0.37 > GLOBAL ... (more)

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Related Topix: Financial Markets, Mining, Xstrata

Sun Apr 13, 2014

Metal Center News

6-29-2011 News: Merge

Specialty metals companies Carpenter Technology Corp. and Latrobe Specialty Metals Inc. have entered a merger agreement through which Carpenter will acquire Latrobe in a $558 million transaction.

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Related Topix: Carpenter Technology, Steel, Opinion

Reuters

UPDATE 1--Glencore Xstrata sells Las Bambas copper mine for $5.85 bln

Glencore Xstrata Plc has sold its entire interest in the Las Bambas copper mine in Peru for about $5.85 billion in cash, the commodities trader said on Sunday.

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Related Topix: Xstrata, Mining

Metal Center News

10-2010 Aerospace

Despite the poor economy and much-publicized delays in major aircraft development programs, demand for aluminum, titanium and other aircraft metals remains promising.

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Related Topix: Boeing Aircraft, Aircraft, Commercial Aircraft, Boeing 787, Industrial Machines, RTI International Metals, Alcoa, Mining, Marketing, Opinion

Sat Apr 12, 2014

Abc13.com

Earth Day festivities being held today at Discovery Green

The city's largest earth day celebration is happening today. Waste Management and Air Alliance Houston are sponsoring the event at Discovery Green.

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Related Topix: Waste Management, Wallbridge Mining Company, Mining, Environmental

Seeking Alpha

Going Over Walter Energy

At this point and barring signs of improvement in the metallurgical coal market, I see no point in risking long positions in Walter Energy.

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Related Topix: Construction, Industrial Machines, Walter Industries, Annuity and Life Re Holdings, Insurance

Forbes.com

An Overview of Cliffs' North American Iron Ore Business

Cliffs Natural Resources is an international mining and natural resources company.

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Related Topix: Cleveland Cliffs, Mining, North America, Canada, World News

Seeking Alpha

Cliffs Looks Like An Attractive Long-Term Investment

Cliffs Natural Resources performed poorly in 2012 and 2013 due to weak iron ore pricing and the substantial cut to company's dividend.

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Related Topix: Cleveland Cliffs, Mining

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